Permag™ Expands European Operations with New Manufacturing Facility in Korntal-Münchingen

In a significant move to bolster its European presence, Permag™, a renowned leader in rare earth materials and high-performance magnets, has announced the lease of a new manufacturing facility in Korntal-Münchingen, Germany. This strategic addition, measuring 3,000 m² (approximately 32,300 sq ft), is set to serve the growing demands of the European market, providing accelerated lead times and localized support.

With over 75 years of experience in the industry, Permag™ has established itself as a key provider of custom high precision products. The company's offerings cater to various mission-critical fields such as aerospace, defense, medical, and semiconductor industries. The new facility is expected to enhance production capabilities while ensuring quality and reliability in performance-driven sectors, critical for success in Europe's highly regulated marketplace.

The Korntal-Münchingen site is ideally located near major transportation and logistics hubs, facilitating quick access for both inbound materials and outbound deliveries. This location is not only strategic for operational efficiency but also enhances Permag™’s ability to provide superior service to its customers.

Strategic Expansion Goals

Permag™’s CEO, Joe Stupfel, emphasized the importance of this development, stating, “This new facility marks an important milestone in our global growth strategy. Establishing a manufacturing presence in Europe allows us to work more closely with our European customers, provide technical support, improve supply chain resilience, and deliver the same high standards of engineering excellence that our customers have relied on for decades.”

This facility, which is expected to begin operations in the latter half of 2026, will not only focus on precision manufacturing and engineering collaboration but will also have the flexibility to accommodate future expansions in response to growing demand. Equipped with state-of-the-art manufacturing technologies, the facility aims to produce advanced magnets and assemblies tailored for complex applications that necessitate tight tolerances and rigorous quality assurance standards.

Carlos Castro, the European Managing Director of Permag™, echoed this sentiment by highlighting that the new site's operational autonomy will foster closer ties with European clients and partners. He added, “This investment reflects our long-term commitment to Europe and our confidence in the region’s potential for innovation across sectors such as aerospace, defense, medical, and semiconductor markets.”

Innovation and Quality Commitment

Permag™ is recognized as the sole North American producer of Samarium Cobalt (SmCo) magnets, showcasing its leadership in high-performance magnetic solutions. The company prides itself on its ability to deliver cutting-edge materials and precision-engineered components tailored to industries where performance is paramount. The company’s legacy, built through its origins in Dexter, EEC, and MCE, underscores its dedication to innovation and superior quality, addressing some of the most challenging needs within the market.

As Permag™ gears up for this exciting new chapter in Korntal-Münchingen, the commitment to driving innovation and upholding exceptional quality standards remains at the heart of its mission, promising to meet and exceed customer expectations in the years to come.